Airbus to cut 1,164 jobs under restructuring plan

Airbus has detailed plans to cut 1,164 jobs and transfer another 325 positions under the restructuring plan it announced at the end of September.
From Jan. 1, 2017, the European manufacturer will merge Airbus Group—formerly known as EADS—with its largest division, Airbus Commercial Aircraft.
On Nov. 29, Airbus discussed the implications of the merger with its European Central Works Council, opening a dialogue over voluntary departures, redeployments and early retirements, which ...

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